Skip to content
Nonprofiteer
← HEALTHVIEW CBWCHC INC

Form 990 for tax year 2023

Filed by HEALTHVIEW CBWCHC INC.

Totals

Total revenue
$3,149,593
Total expenses
$2,408,479
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,074,004
Investment income
$75,589
Other revenue
$0
Total assets, end of year
$67,070,753
Total liabilities, end of year
$37,802,319
Net assets or fund balances, end of year
$29,268,434
Program services expenses (Part IX)
$2,399,469
Management and general expenses
$9,010
Fundraising expenses
$0
Program service expenses (Part III)
$2,399,469

Program services were 99.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RENTAL INCOME

    total $3,074,004 · related or exempt $3,074,004

  • 3 · Investment income

    total $75,589 · excluded $75,589

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $5,510 · management and general $5,510

  • 11g · Fees: other

    total $53,736 · program services $53,736

  • 20 · Interest

    total $1,143,778 · program services $1,143,778

  • 22 · Depreciation, depletion and amortization

    total $1,201,955 · program services $1,201,955

  • 24a · Other expenses: LICENSE AND FEES

    total $3,500 · management and general $3,500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,518,689 · end of year $3,586,903

  • 10a · Land, buildings and equipment: cost or other basis

    $63,057,554

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,802,569

  • 10c · Land, buildings and equipment, net

    beginning of year $62,406,967 · end of year $61,254,985

  • 15 · Other assets

    beginning of year $1,133,908 · end of year $2,228,865

  • 17 · Accounts payable and accrued expenses

    beginning of year $166,345 · end of year $171,333

  • 20 · Tax-exempt bond liabilities

    beginning of year $29,616,755 · end of year $28,827,617

  • 23 · Secured mortgages and notes payable

    beginning of year $8,749,144 · end of year $8,803,369

  • 27 · Net assets without donor restrictions

    beginning of year $28,527,320 · end of year $29,268,434

Mission and programs · 2023

Mission

HEALTHVIEW CBWCHC WAS FORMED TO SUPPORT AND BENEFIT THE CHARLES B. WANG COMMUNITY HEALTH CENTER BY CONDUCTING ACITIVITIES THAT MAY INCLUDE THE FOLLOWING: FUNDRAISING AND FINANCING, PROMOTING THE CHARLES B. WANG COMMUNITY HEALTH CENTER'S MISSION, VISION, AND VALUES, AND SUPPORTING EXPANSION NEEDS OF THE CHARLES B. WANG COMMUNITY HEALTH CENTER.

  • TO SUPPORT AND BENEFIT THE CHARLES B. WANG COMMUNITY HEALTH CENTER BY FUNDRAISING, FINANCING, AND SUPPORTING EXPANSION NEEDS.

    Expenses $2,399,469 · Revenue $3,074,004

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jane T Eng

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jiming Liang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Kaushal Challa

    TREASURER

    Total calculated
    $478,915
    From this org
    $0
    From related orgs
    $456,215
    Other
    $22,700
    Hours/week
    1.75 + 33.25 related

    Schedule J breakdown matched by us

    Base
    $0 + $455,950 related
    Bonus
    $0
    Other
    $0 + $265 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $2,900 related
    Filer's total
    $0 + $478,915 related

  • Lynn D Sherman

    CHAIRPERSON

    Total calculated
    $413,931
    From this org
    $0
    From related orgs
    $364,164
    Other
    $49,767
    Hours/week
    3.5 + 31.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $362,021 related
    Bonus
    $0
    Other
    $0 + $2,143 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $29,967 related
    Filer's total
    $0 + $413,931 related

  • Marie Lam

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Owh Kian Ong

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • De Young Chan

    CHIEF FINANCIAL OFFICER

    Total calculated
    $250,633
    From this org
    $0
    From related orgs
    $231,644
    Other
    $18,989
    Hours/week
    1.75 + 33.25 related

    Schedule J breakdown matched by us

    Base
    $0 + $229,914 related
    Bonus
    $0
    Other
    $0 + $1,730 related
    Deferred
    $0 + $14,089 related
    Nontaxable benefits
    $0 + $4,900 related
    Filer's total
    $0 + $250,633 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
22 October 2024
IRS schema version
2023v5.1
Source object
202422989349300402

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.